Smart/Connected Street Lights Market: Opportunities, Demand and Forecasts, 2019–2025

Press Release

Smart/Connected Street Lights Market Insights 2019, is a professional and in-depth study on the current state of the global Smart/Connected Street Lights industry with a focus on the Global market. The report provides key statistics on the market status of the Smart/Connected Street Lights manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Overall, the report provides an in-depth insight of 2019-2025 global Smart/Connected Street Lights market covering all important parameters.

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The key points of the Smart/Connected Street Lights Market report:

The report provides a basic overview of the Smart/Connected Street Lights industry including its definition, applications and manufacturing technology.

The report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2019-2025 market shares for each company.

Through the statistical analysis, the report depicts the global total market of Smart/Connected Street Lights industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.

The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The report then estimates 2019-2025 market development trends of Smart/Connected Street Lights industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.

The report makes some important proposals for a new project of Smart/Connected Street Lights Industry before evaluating its feasibility.

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There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.

For competitor segment, the report includes global key players of Smart/Connected Street Lights are included: 

Key Trends

USPs of smart/connected street lights is that they aid in bringing down consumption of energy and save electricity and other costs. Besides they also have a positive impact on the environment. This is because an ideal smart light has solar panels, batteries, lightings, and network devices for communications. In fact, smart lighting is considered to be highly efficient and therefore has a very positive impact on the conservation of energy.

Apart from that, with technological progress it has become possible to intimate the right department about the malfunctioning of streetlight as soon as it occurs. Thus smart and connected street lighting has myriad advantages. It also holds a lot of possibilities to integrate applications to it. For example, it can be leveraged to gather information about the weather and can also act as CCTV surveillance system and GRPS system.

Apart from that, smart/connected poles are being installed with Volte 4G technology for improving the mobile phone coverage. Renting the poles to the cell carriers create an opportunity for authorities to generate revenues.

Global Smart/Connected Street Lights Market: Market Potential

Streetlights all over the world are currently being upgraded with traditional sodium lamps being swiftly supplanted with energy-efficient, reliable LED lighting. Hence, this is just the perfect time to push ahead with progressive lighting systems such as smart or connected street lights. With modern sophisticated technologies such as cloud and fog computing, the market is expected to receive further fillip.

Global Smart/Connected Street Lights Market: Regional Outlook

Geographically, the key segments of the global market for smart or connected street lights are Latin America, North America, Western Europe, Eastern Europe, Asia Pacific, and the Middle East and Africa. Currently, Europe leads the market on the back of different lighting companies working towards deployment of smart lighting controls in both private and public areas. North America is expected to emerge as another attractive market in the years ahead. Since the cost of operating lighting in North America for commercial spaces is substantially high, smart lighting which is cost effective has emerged as a viable option. Besides, regulations and energy policies to limit the energy consumption in North America has also stoked the market for connected or smart street lights in the region.

Global Smart/Connected Street Lights Market: Competitive Analysis

Some of the key players operating in the global market for smart or connected street lights are General Electric, Telensa, Tech Mahindra, Osram, Wipro, Philips, Echelon Corporation, Tvilight, Verizon Enterprise, Sierra Wireless, and Sunview LED. In order to up sales, these companies are pitching their products to government and other associations.

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Reasons to Purchase this Report:

* Estimates 2019-2025 Smart/Connected Street Lights market development trends with the recent trends and SWOT analysis

* Market dynamics scenario, along with growth opportunities of the market in the years to come

* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects

* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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